Dynamique de la demande des biens publics locaux durables
The latest research on dynamic demand for local public goods depending on the median voter neglected the change of capital structure and the nature of the local public good. Even though the literature admits the static hypothesis of median voter?s model ; it?s doesn?t takes into account the fact that the median demand depends on the level of public goods available. Indeed, the introduction of the time acts in two ways : first, on the nature of the good demanded by the median, which becomes a long-lasting public good, second on the structure of the total capital of the community that considers debt. It emerges that loan allows an optimal spreading of the load between various generations of local public good users. Nevertheless, this spreading of the load depends on the nature of the immobilization.
Volume (Year): mai (2010)
Issue (Month): 2 ()
|Contact details of provider:|| Web page: http://www.cairn.info/revue-d-economie-regionale-et-urbaine.htm|
When requesting a correction, please mention this item's handle: RePEc:cai:rerarc:reru_102_0251. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.